Lowe's to pay $12.5 million penalty for lead paint violations
Reuters
Yesterday
Lowe's to pay $12.5 million penalty for lead paint violations
Nov 25 (Reuters) - Lowe's LOW.N will pay a $12.5 million penalty to resolve U.S. government accusations of lead paint violations during home renovations, the Department of Justice and the Environmental Protection Agency announced on Tuesday.
The alleged violations stemmed from renovations performed by Lowe's contractors at hundreds of homes around the country between 2019 and 2021. Lowe's will also improve its compliance program for renovations in homes that may contain lead-based paint.
(Reporting by Jonathan Stempel in New York; Editing by Leslie Adler)
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